The Pentagon will make “selective” investments and promises a new era of close cooperation with defense contractors as part of an emerging response to President Donald Trump’s executive order to study ways to bolster the defense industrial base.
The Bell 412EPI is back in contention for a Philippine requirement for 16 helicopters, despite President Rodrigo Duterte’s politically driven cancellation of an order for the type in February.
A no-deal Brexit would “significantly disrupt trade” and negatively affect smaller, less diversified companies, analysis of the aerospace and defense industry by credit ratings agency Moody’s has suggested.
Raytheon and a team of Northrop Grumman and Ball Aerospace will compete to make a mission payload for the U.S. Air Force’s next-generation missile warning satellite constellation.
Lebanon and Kenya have helped to bolster the order book of MD Helicopters with purchases of armed versions of the company’s MD530 single-engine light helicopter.
Arlington Capital Partners and Smiths Group have reached a definitive agreement for the latter to buy United Flexible, an Illinois-based parts provider for PW1000G and F135 engines and the Airbus A320neo, for $345 million.
Chinese space group Casc plans to begin a commercial orbit-and-recovery service in 2019, with about 15 more launches planned in the following six years.
Extant Aerospace has completed the acquisition of substantially all of the assets and tech data rights from the operations of NavCom Defense Electronics.
India’s national space agency will test fly its first small rocket, the Small Satellite Launch Vehicle, in the first half of 2019, a senior space scientist says.
A disrupted acquisition of Welding Metallurgy Inc. by CPI Aerostructures will move forward and could close as soon as this year after a court-ordered arrangement with seller Air Industries.
Moon Express has raised $10 million of a planned $20 million Series B round of financing, as well as $2.5 million in bridge financing, the company said Oct. 1.
Boeing’s efforts to develop the core stage of the SLS are in step with efforts to prepare the Orion crew module for an unpiloted multiweek test launch around the Moon by mid-2020.
Sikorsky’s industry-funded S-97 Raider has exceeded 200 kt. in flight testing as the company prepares to offer the high-speed helicopter for the U.S. Army’s Future Attack Reconnaissance Aircraft (FARA).